Earnings Outlook for Delek Logistics Partners

On Tuesday, May 04, Delek Logistics Partners DKL will release its latest earnings report. Check out Benzinga's preview to understand the implications.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Wall Street analysts see Delek Logistics Partners reporting earnings of $0.83 per share on revenue of $126.81 million. Delek Logistics Partners EPS in the same period a year ago totaled $0.76. Sales were $163.40 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The Wall Street consensus estimate for earnings would represent a 9.21% increase for the company. Revenue would be down 22.39% on a year-over-year basis. Here is how the Delek Logistics Partners's reported EPS has stacked up against analyst estimates in the past:

Stock Performance

For a full 12 months, the return has risen by 142.25%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. Delek Logistics Partners is scheduled to hold the call at 08:30:00 ET and can be accessed here.